Testing them out see how it goes, but initial experience has been very good.

Sounds like rolling the dice to me .  

Yes you can you need to pass both tests. 7 days or less and the material participation test which I have outlined above 

Roll back taxes, HOA arrears are just a small sample of undisclosed issues you will face.  

You can fulfill the 1031 requirements so you can roll it into another. 2)Does the baseboards work fine?

So if you have a $20,000 rent roll paid off you can count on taking out 10k.

@Ryan DragonThe question is are you happy with the Return on your current equity, and can you roll the equity you have into a better yielding asset.You're generating around $6,000 per year in cash flow, but how much equity would you have if you sold? 

The key is to test, test, test until it works.

Agreed on the 4 pictured one - just wanted to test out and see if it would help.

I believe your numbers and your forecast which a lot of the rosy numbers posted do not pass the sniff test on being achievable.